BUSINESS DECISION MAKING - 2020/1
Module code: MAN1089
This module is the second part of the Surrey Business School skills development program, which embeds employability. The content of the Business Decision Making module has far-reaching implications for the student’s development of professionalism and expertise in academic and professional life.
Surrey Business School
PARCHMENT Ann (SBS)
Number of Credits: 15
ECTS Credits: 7.5
Framework: FHEQ Level 4
JACs code: N215
Module cap (Maximum number of students): N/A
Prerequisites / Co-requisites
MAN1103 (Fundamentals of business management) is a pre-requisite for this module
- Analysing and interpreting business information using statistical methods
- Spreadsheets- MS Excel
- Business report writing
- Critical thinking and analysis
- Forensic evaluation of business decision making
|Assessment type||Unit of assessment||Weighting|
|School-timetabled exam/test||Excel exam and multiple choice mid term test (90 mins)||50|
|Coursework||INDIVIDUAL REPORT (2500 WORDS)||50|
The assessment strategy is designed to give students the opportunity to demonstrate their ability to meet the learning objectives. This is achieved by summative and formative assessment.
- 90 minute exam using MS Excel and Multiply Choice test undertaken mid-term (50%).
understanding and application of Excel for a range of business functions
competent analysis of business decisions using both qualitative and quantitative data
This assesses students understanding and application of basic statistical functions to the analysis of data using MS Excel
2. A 2500-word report will assess students ability to:
write effective professional documents
understand, analyse and interpret basic statistical data
think critically and conduct analysis
utilise business information to make decisions more effectively
utilise MS Word & Excel effectively
The report will be submitted to SurreyLearn at the end of the module (50%)
Students receive marks out of 100 for both assessments, along with feedback on their individual performance.
Formative assessment and feedback
Students will work collaboratively in groups on case studies and other class activities in the tutorials and labs.
Tutors will provide regular verbal feedback on their performance through individual, Group and class discussion.
Students are also encouraged to provide feedback on peer performance and to help with peer development through collaboration.
Students will be provided with the assessment criteria and weighting for each component of the report when this is introduced early in the semester.
Report criteria will be referred to during tutorials as students are developing their skills in class activities and planning their Report. The tutorials are also used to inform the verbal feedback they receive.
Students will receive regular verbal feedback on the development of their information analysis skills using ICT during labs as the Tutor moves around the room. Students will also complete mock tests in a similar format to the January exam which they will mark themselves and will have the opportunity to discuss in class. This will allow them to ‘test’ their skills as well as practice the format that will be used in the exam.
- Ensures that students can develop the transferable skills, attitudes and abilities that will enable them to study successfully and to function effectively in a dynamic digital society
- Focuses specifically on critical thinking, report writing and the analysis of business information applying the business statistics developed in the Fundamentals of business management semester 1 module
- Embeds the Advance HE employability framework which facilitates meeting digital skills and employability needs of future.*
|001||Understand the basic concepts of information analysis as used in the business world||KCPT|
|002||Analyse and interpret business information using business statistics skills acquired in MAN1103||KCPT|
|003||Display competence in spread sheet software (MS Excel)||KCPT|
|004||Demonstrate an understanding of critical thinking and analysis and its application for decision making in business||CPT|
|005||Display competence in creating professional business reports||KCPT|
|006||Continue to develop as effective, independent and confident self-directed learners||KPT|
C - Cognitive/analytical
K - Subject knowledge
T - Transferable skills
P - Professional/Practical skills
Overall student workload
Independent Study Hours: 118
Lecture Hours: 10
Tutorial Hours: 11
Laboratory Hours: 11
Methods of Teaching / Learning
The learning and teaching strategy is designed to help students of all abilities to engage in an effective skills development process whilst enhancing their employability.
Students are encouraged to:
assess their current skills (both study-related, work-related),identify areas of weakness and strengths
take advantage of appropriate learning opportunities from within this module’s activities and the wider university,
demonstrate competence and confidence in analysing business data forensically and in real-time using critical thinking
reflect on their progress
The learning and teaching methods include:
Lectures (1 hour each per week X 11 weeks), small group Tutorials (1 hour each per week X 11 weeks) & small group work in tutorials.
PC Labs (1 hour each per week X 11 weeks) facilitate demonstration of student understanding and competence in MS Word, MS Excel,
Develop basic understanding of ICT as used in the business world, employability and Personal & Professional Development process
Competence in the analysis and interpretation of basic statistics
Critical thinking and analytical skills as applied to business
The ability to analyse business information and make robust evidence based decisions.
Demonstrate evidence of competence in business information analysis, evaluation and presentation through a written business report.
Extensive supporting material on the university VLE.
Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.
Reading list for BUSINESS DECISION MAKING : http://aspire.surrey.ac.uk/modules/man1089
Programmes this module appears in
|Business Management (Marketing) BSc (Hons)||2||Compulsory||A weighted aggregate mark of 40% is required to pass the module|
|Business Management (Entrepreneurship) BSc (Hons)||2||Compulsory||A weighted aggregate mark of 40% is required to pass the module|
|Business Management (HRM) BSc (Hons)||2||Compulsory||A weighted aggregate mark of 40% is required to pass the module|
|International Business Management BSc (Hons)||2||Compulsory||A weighted aggregate mark of 40% is required to pass the module|
|Business and Retail Management BSc (Hons)||2||Compulsory||A weighted aggregate mark of 40% is required to pass the module|
|Business Management BSc (Hons)||2||Compulsory||A weighted aggregate mark of 40% is required to pass the module|
Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2020/1 academic year.